Friday, 27 November 2015
Last updated 39 min ago
Jun 4 2012 | 12:46pm ET
Lugano, Switzerland, can count another hedge fund among its corporate residents.
But unlike many recent transplants to the southern city on the Italian border, Lugano's latest northern transplant hasn't moved far.
Insch Capital Management has relocated all of its operations to Lugano from Zug, which lies about 100 miles north, near Zürich. The move was sparked by impending Swiss regulations.
Insch set up research arm Insch Quantrend in Lugano two years ago while the main hedge fund remained in Zug. With the move, the two firms have merged.
"In part, this move back to Lugano and restructuring is in preparation for the new FINMA rules that will apply to our business in the near future," CEO Christopher Cruden said. "It will be substantially easier to manage one growing business from one location than two separate businesses from two separate locations."
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…